08204 Home Values & Market Trends

There are 404 homes currently listed for 08204. 08204 real estate market trends show that home prices range from $9,000 to $6,495,000, and the median sales price in the 08204 zip code is $667,109. The total number of properties sold within the past twelve months is 480. In 08204, 50 properties are in foreclosure, 1 are bank owned properties,and 3 are headed for auction.

Housing Market Summary for 08204

Sep 2025September 2026Change
Median Listing Price$649K$700K7.86%
Median Sold Price$770.5K$736.8K-4.37%
Homes For Sale29739934.34%
Homes Sold182178-2.20%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 08204

The median list price of a home in Cape May, is $667,109. A total of 404 properties are for sale, and the percentage of properties for sale in the zip code is 404.00%. The total count of 08204 properties is 684.

Foreclosure
There is 1 cities within 08204; within this cities, the median estimated home value for homes in foreclosure ranges from $1,727,952 in cape may to the lowest value of $261,227 in cape may. Foreclosure homes account for 7.00% of properties in 08204 with cape may containing 50 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 6.73% of all residential properties in 08204 with cape may containing 46 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08204; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,727,952 in cape may to the lowest home value of $261,227 in cape may.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 08204 ranges from the highest value of $356,791 in cape may to the lowest value of $356,791 in cape may. Bank owned homes and properties account for 0.15% of properties in 08204. There is 1 cities within 08204; cape may containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    cape may has 3 auction properties, the highest number of properties going to auction in a single city in the state of 08204. Auction homes and other auction properties account for 0.44% of all properties in 08204. There is 1 cities within 08204; of that cities, the median estimated home value for homes going to auction ranges from $296,762 in cape may to the lowest value of $283,367 in cape may.
Homes for Sale
Homes and properties that are actively listed for sale account for 59.06% of residential properties in 08204 with cape may containing 398 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 08204; homes for sale in that cities, have a range of median values from $4,749,424 in cape may to the lowest value of $219,073 in cape may.
    Sold Homes
    The median value for recently sold homes ranges from $3,923,517 in cape may to the lowest price of $47,655 in cape may. There is 1 cities within 08204. cape may has 179 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 26.32% of properties in 08204.

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      Guide for 08204

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.